UC Funds

LeCesse Development has broken ground on RiZE at Winter Springs, a 244-unit apartment project in Winter Springs, Fla. Also collaborating on the development are Morgan Management, which is based in Rochester, N.Y., and Boston-based UC Funds.

HFF arranges a $123.6 million construction loan; UC Funding provides a $16.8 million loan for a San Antonio acquisition; and Principal Real Estate Investors completes a $15 million disposition in Arizona.